Global Smart Homes Technology Market: Insights and Forecast, 2019-2025: Emphasis on Application (Safety and Security, Smart Appliances, Heating Ventilating, Air Conditioning (HVAC), Home Entertainment, Smart Lighting Systems, Smart Energy Management), Technology (Wireless and Wired Smart Home Technology), End-Users (Residential and Commercials End-Users)
August 2019
256
About the Report
About the Report
The global smart home market is segmented based on applications, technology and end users. Product (security and safety, smart appliances, home entertainment, lighting and control, HVAC, energy management), technology (wired and wireless technology) and end users (residential & commercial) are the major focus areas considered while analyzing and defining the penetration of smart home technology in different geographies. In 2018, smart appliances dominated the global smart home market with a maximum share in terms of revenue. Based on estimation, the segment occupied a healthy share of 23.7% share. Increasing demand for consumer electronics would help the respective segment to grow at a faster rate of 25% during the forecast period (2019-2025).
The proliferation and smartening of IoT devices have remarkably scaled up the potential for the industry and significant amount of data or information can be stored, collected, analyzed and transmitted, helping the companies save substantial amount of money. Hence, during 2018, wireless smart technology held a prominent share of 84.0%, followed by wired technology. Wireless smart home devices market generated a revenue of USD 32,462.5 million in 2018 and is projected to grow at a CAGR of 23.5% during the forecasted period. In addition, Wi-Fi technology application in smart home held 61.7% share and garnered revenue of USD 20,016.3 million in 2018. While Ethernet wired connection occupied largest share in the respective technology. During 2018, wired connection is expected to showcase remarkable compound growth of 26.2% during the forecasted period. Based on end-users, global smart home market is segmented into residential and commercial end-users. In 2018, smart home technology was more applicable among residential end-users. The segment dominated the market and is expected to maintain its dominance throughout the analyzed period. Furthermore, depending on residential end-users, type, the market is further classified into luxury homes, mid-range apartments, assisted homes and low energy homes. During 2018, mid-range apartments occupied the largest share of 38.0%, followed by luxury apartments and luxury villas in the global smart home residential end-user segment market. Surging investments by major tech giants and venture capitalists to bring in innovation within smart home domain along with flourishing real estate sector and US recovery from subprime crisis has tremendously contributed towards the growth prospects of smart home technology worldwide.
Moreover, benefits of smart home technology can also be witnessed among commercial end-users such as hotels, hospitals and other commercial buildings. Technological breakthroughs have been successful in bringing about new shapes in the global smart home market. Smart home technology application was majorly prominent among hospitals. Based on estimation, the respective segment is projected to generate revenue of USD 27,645.2 million by 2025 displaying tremendous CAGR of 24.8% during the forecasted period. Moreover, strong competitiveness, flourishing IoT, spur in product development, R&D activities and dramatic uptake of technological advancements, investments by major peers, rising consumer awareness, spur in smartphone penetration have being significantly contributing in prospering the market size of smart home technology. Owing to this, the global smart home market was valued at USD 38,649.3 million during 2018 and is projected to reach USD 170,162.9 million by 2025. However, concerns regarding privacy and hacking, high cost involved in complex installation and high prices of smart home devices needs to be addressed globally to experience the never-ending growth of smart home market. Furthermore, for better understanding of the industry the report analysis the penetration of smart home devices in different geographies and countries including North America, Europe, Asia-Pacific Latin America and Middle East and North Africa (MENA). Based on estimation, North America dominated the global smart home market, with more than 51.5% share in 2018. Positive impact on businesses of smart device manufactures and booming concept of Internet of Things has bolstered the growth of global smart home technology market. Europe and Asia Pacific followed North America with 25% and 19.2% shares respectively in 2018.
Looking at the growth prospect and consumer growing concern over home security various companies have forayed in the global smart home technology market, offering smart devices such as smart speaker, security systems, smart TVs, LEDs and switches, kitchen ware appliances and other devices. With an objective to enhance their product portfolio, the key market players have entered into various acquisitions and collaborations to expand their market reach and share. Major players profiled in the report includes Haier Electronics, Cisco Systems, Inc., Google, Amazon, Honeywell International, Crestron Electronics Inc., General Electric Company, IBM Corporation, LG Electronics Inc., Schneider Electric S.E., and Siemens AG among others.
Products
Companies
ABB Limited, Acuity Brands, Inc., AMX, LLC, ASSA ABLOY, Cisco Systems, Inc., Control4 Corporation, Crestron Electronics Inc., Deutsche Telekom AG, Emerson Electric Co., General Electric Company, Samsung Electronics Ltd, Honeywell International Inc., IBM Corporation, LG Electronics Inc., Monitronics International Inc., Schneider Electric S.E., Siemens AG, United Technologies Corporation, and Vivint Inc.
Table of Contents
Table of Contents
1. MARKET INTRODUCTION
1.1 Market Definition 20
1.2 Objective of the Study 20
1.3 Limitation 20
1.4 Stakeholders 21
1.5 Currency used in the Report 21
1.6 Scope of the Global Smart Home Technology Market Study 21
2. RESEARCH METHODOLOGY OR ASSUMPTION 22
2.1 Research Methodology for Smart Home Technology Market 22
2.1.1 Main objective of the Smart Home Technology Market Study 23
3. INDUSTRY PERFORMANCE 24
4. EXECUTIVE SUMMARY 26
5. MARKET OVERVIEW 28
5.1 General Overview of Smart Home Market 28
5.1.1 Pricing Analysis of Smart Home Appliances, by Type of Cost 30
5.2 Market Dynamics 31
5.2.1 Increasing Awareness of Advanced Technology among Consumers 31
5.2.2 Increasing Penetration of Smartphones and internet, especially in APAC Region 32
5.2.3 Proliferation of Internet of Things, especially in the Emerging Region's 34
5.2.4 Surging Disposable Incomes and Urbanization 35
5.2.5 Growing Demand for Smart Home Energy Management System 36
5.2.6 Development of Interconnectivity Across Platforms and Devices 36
5.3 Market Restraints 37
5.3.1 Concerns Regarding Privacy and Hacking 37
5.3.2 Complex Installation and High Price of the Smart Home products 37
5.4 Opportunities in the Market 38
5.4.1 Scope for Insurance companies 38
5.4.2 Growth opportunity for Telecom Operators 39
5.4.3 Emerging Business Opportunities in Asia-Pacific 39
5.4.4 Restoring Independence for Elders 40
5.5 Factor Analysis 41
5.5.1 Demand & Supply Side Analysis 41
5.5.2 Major Development & Investments in the Smart Home Market 42
5.5.3 Major development and new Start-ups 45
5.5.4 Top Investor in the Smart Home Market 45
6. MARKET INSIGHTS, BY PRODUCT 47
6.1 General Overview 47
6.1.1 Safety and Security 49
6.1.2 Smart Appliances 52
6.1.3 Heating Ventilating, Air Conditioning (HVAC) 54
6.1.4 Home Entertainment 56
6.1.5 Smart Lighting Systems 60
6.1.6 Smart Energy Management 62
7. SMART HOME MARKET INSIGHTS, BY TECHNOLOGY 65
7.1 General Introduction 65
7.2 Wireless Smart Home Technology 66
7.2.1 Wi-fi Technology 67
7.2.2 Bluetooth Technology 69
7.2.3 ZigBee Technology 71
7.2.4 Z- Wave Technology 72
7.2.5 Other Wireless Technology 74
7.3 Wired Smart Technology 75
7.3.1 Ethernet Technology 77
7.3.2 Power Line Communication 78
7.3.3 Fiber to Home Technology 79
7.3.4 Other Wired Technology 80
8. SMART HOME MARKET INSIGHTS, BY END-USERS 81
8.1 General Overview 81
8.2 Residential End-Users 82
8.2.1 Luxury Homes 85
8.2.2 Mid-Range Apartments/Homes 87
8.2.3 Assisted Homes 88
8.2.4 Low Energy Homes 89
8.3 Commercial End-Users 90
8.3.1 Smart Hotels 93
8.3.2 Smart Hospitals 94
8.3.3 Other Commercial Buildings 96
9. SMART HOME MARKET INSIGHTS, BY REGION 97
9.1 General Introduction 97
9.2 North America Smart Home Market 99
9.2.1 North America Smart Home Market, by Product 101
9.2.2 North America Smart Home Market, by Technology 102
9.2.2.1 North America Smart Home Market, by Wireless Technology 102
9.2.2.2 North America Smart Home Market, by Wired Technology 103
9.2.3 North America Smart Home Market, by End -Users 104
9.2.3.1 North America Residential Smart Home Market, by Type of Buildings 104
9.2.3.2 North America Commercial Smart Home Market, by Type of Buildings 105
9.3 European Smart Home Market Insights 105
9.3.1 Europe Smart Home Market, by Product 107
9.3.2 Europe Smart Home Market, by Technology 108
9.3.2.1 Europe Smart Home Market, by Wireless Technology 108
9.3.2.2 Europe Smart Home Market, by Wired Technology 109
9.3.3 Europe Smart Home Market, by End -Users 110
9.3.3.1 Europe Residential Smart Home Market, by Type of Buildings 110
9.3.3.2 Europe Commercial Smart Home Market, by Type of Buildings 111
9.4 Asia-Pacific Smart Home Market Insights 111
9.4.1 Asia Pacific Smart Home Market, by Product 113
9.4.2 Asia Pacific Smart Home Market, by Technology 113
9.4.2.1 Asia Pacific Smart Home Market, by Wireless Technology 114
9.4.2.2 Asia Pacific Smart Home Market, by Wired Technology 115
9.4.3 Asia Pacific Smart Home Market, by End -Users 115
9.4.3.1 Asia Pacific Residential Smart Home Market, by Type of Buildings 116
9.4.3.2 Asia Pacific Commercial Smart Home Market, by Type of Buildings 117
9.5 Middle East & North Africa (MENA) Smart Home Market Insights 117
9.5.1 MENA Smart Home Market, by Product 119
9.5.2 MENA Smart Home Market, by Technology 119
9.5.2.1 MENA Smart Home Market, by Wireless Technology 120
9.5.2.2 MENA Smart Home Market, by Wired Technology 121
9.5.3 MENA Smart Home Market, by End -Users 121
9.5.3.1 MENA Residential Smart Home Market, by Type of Buildings 122
9.5.3.2 MENA Commercial Smart Home Market, by Type of Buildings 123
9.6 Latin America Smart Home Market Insights 123
9.6.1 Latin America Smart Home Market, by Product 125
9.6.2 Latin America Smart Home Market, by Technology 125
9.6.2.1 Latin America Smart Home Market, by Wireless Technology 126
9.6.2.2 Latin America Smart Home Market, by Wired Technology 127
9.6.3 Latin America Smart Home Market, by End-Users 127
9.6.3.1 Latin America Residential Smart Home Market, by Type of Buildings 128
9.6.3.2 Latin America Commercial Smart Home Market, by Type of Buildings 129
10. COMPETITIVE SCENARIO 130
10.1 Porter's Five forces analysis 130
10.1.1 Bargaining Power of Suppliers 131
10.1.2 Bargaining Power of Buyers 131
10.1.3 Threat of New Entrants 132
10.1.4 Threat of Substitutes 132
10.1.5 Intensity of Rivalry 133
10.2 Global Smart Home Market Share Analysis, 2018 134
10.2.1 Smart Safety & Security Market Share, by Company 2018 134
10.2.2 Smart Home Entertainment Appliances Market Share, by Company 2018 135
10.2.3 Lighting & Control System Market Share, by Company 2018 136
10.2.4 Smart Thermostats & Home Appliances Market Share, by Company 2018 137
11. COMPANY PROFILES 138
11.1 Haier Electronics 138
11.1.1 Key Facts 138
11.1.2 Business Description 138
11.1.3 Key Product/Services Offerings 139
11.1.4 SWOT Analysis 139
11.1.5 Key Financials 140
11.1.5.1 Revenue Split 141
11.1.6 Recent Developments 141
11.1.6.1 Product Launch 141
11.1.6.2 Partnership 143
11.1.6.3 Business Expansion and Investment 143
11.2 ABB Limited 145
11.2.1 Key Facts 145
11.2.2 Business Description 145
11.2.3 Key Product/Services Offerings 146
11.2.4 SWOT Analysis 147
11.2.5 Key Financials 148
11.2.5.1 Revenue Split 149
11.2.6 Recent Developments 149
11.2.6.1 Product Launch 149
11.2.6.2 Partnership 150
11.2.6.3 Business expansion and Investment 150
11.3 Acuity Brands, Inc. 151
11.3.1 Key Facts 151
11.3.2 Business Description 151
11.3.3 Key Product/Services Offerings 152
11.3.4 SWOT Analysis 152
11.3.5 Key Financials 153
11.3.5.1 Revenue Split 154
11.3.6 Recent Developments 154
11.3.6.1 Product launches 154
11.3.6.2 Business Expansions and Investments 155
11.3.6.3 Mergers and Acquisitions 155
11.4 AMX, LLC 157
11.4.1 Key Facts 157
11.4.2 Business Description 157
11.4.3 Key Product/Services Offerings 158
11.4.4 SWOT Analysis 158
11.4.5 Recent Developments 159
11.4.5.1 Product Launches 159
11.4.5.2 Partnerships 159
11.4.5.3 Business Expansions and Investments 160
11.5 ASSA ABLOY 161
11.5.1 Key Facts 161
11.5.2 Business Description 161
11.5.3 Key Product/Services Offerings 162
11.5.4 SWOT Analysis 162
11.5.5 Key Financials 163
11.5.6 Recent Developments 164
11.5.6.1 Mergers and Acquisitions 164
11.6 Cisco Systems, Inc. 166
11.6.1 Key Facts 166
11.6.2 Business Description 166
11.6.3 Key Product/Services Offerings 167
11.6.4 SWOT Analysis 168
11.6.5 Key Financials 169
11.6.5.1 Revenue Split 170
11.6.6 Recent Developments 170
11.6.6.1 Product Lunches 170
11.6.6.2 Partnerships 171
11.6.6.3 Business Expansion and Investment 172
11.6.6.4 Mergers and Acquisition 172
11.7 Control4 Corporation 173
11.7.1 Key Facts 173
11.7.2 Business Description 173
11.7.3 Key Product/Services Offerings 174
11.7.4 SWOT Analysis 175
11.7.5 Key Financials 176
11.7.5.1 Revenue Split 177
11.7.6 Recent Developments 177
11.7.6.1 Product Launch 177
11.7.6.2 Business Expansion and Investment 178
11.7.6.3 Mergers and Acquisition 179
11.8 Crestron Electronics Inc. 180
11.8.1 Key Facts 180
11.8.2 Business Description 180
11.8.3 Key Product/Services Offerings 181
11.8.4 SWOT Analysis 181
11.8.5 Recent Developments 182
11.8.5.1 Product Launch 182
11.8.5.2 Partnership 185
11.9 Deutsche Telekom AG 186
11.9.1 Key Facts 186
11.9.2 Business Description 186
11.9.3 Key Product/Services Offerings 187
11.9.4 SWOT Analysis 187
11.9.5 Key Financials 188
11.9.5.1 Revenue Split 189
11.9.6 Recent Developments 189
11.9.6.1 Product Launch 189
11.9.6.2 Partnership 191
11.9.6.3 Business Expansion and Investment 191
11.10 Emerson Electric Co. 193
11.10.1 Key Facts 193
11.10.2 Business Description 193
11.10.3 Key Product/Services Offerings 194
11.10.4 SWOT Analysis 195
11.10.5 Key Financials 196
11.10.5.1 Revenue Split 197
11.10.6 Recent Developments 197
11.10.6.1 Partnerships 197
11.10.6.2 Business Expansion and Investment 198
11.10.6.3 Merger and Acquisition 198
11.11 General Electric Company 199
11.11.1 Key Facts 199
11.11.2 Business Description 199
11.11.3 Key Product/Services Offerings 200
11.11.4 SWOT Analysis 201
11.11.5 Key Financials 202
11.11.5.1 Revenue Split 203
11.11.6 Recent Developments 203
11.11.6.1 Product Launch 203
11.12 Honeywell International Inc. 205
11.12.1 Key Facts 205
11.12.2 Business Description 205
11.12.3 Key Product/Services Offerings 206
11.12.4 SWOT Analysis 207
11.12.5 Key Financials 208
11.12.5.1 Revenue Split 209
11.12.6 Recent Developments 209
11.12.6.1 Product Launch 209
11.12.6.2 Partnership 210
11.12.6.3 Business Expansion and Investment 211
11.13 IBM Corporation 212
11.13.1 Key Facts 212
11.13.2 Business Description 212
11.13.3 Key Product/Services Offerings 212
11.13.4 SWOT Analysis 213
11.13.5 Key Financials 214
11.13.5.1 Revenue Split 215
11.13.6 Recent Developments 215
11.13.6.1 Product Launch 215
11.13.6.2 Partnership 216
11.13.6.3 Business Expansion and Investment 216
11.14 LG Electronics Inc. 217
11.14.1 Key Facts 217
11.14.2 Business Description 217
11.14.3 Key Product/Services Offerings 217
11.14.4 SWOT Analysis 218
11.14.5 Key Financials 219
11.14.5.1 Revenue Split 220
11.14.6 Recent Developments 220
11.14.6.1 Product Launch 220
11.15 Monitronics International Inc. 222
11.15.1 Key Facts 222
11.15.2 Business Description 222
11.15.3 Key Product/Services Offerings 223
11.15.4 SWOT Analysis 223
11.15.5 Key Financials 224
11.15.6 Recent Developments 224
11.15.6.1 Product Launch 224
11.15.6.2 Business Expansion and Investments 225
11.16 Schneider Electric S.E. 226
11.16.1 Key Facts 226
11.16.2 Business Description 226
11.16.3 Key Product/Services Offerings 227
11.16.4 SWOT Analysis 228
11.16.5 Key Financials 229
11.16.5.1 Revenue Split 230
11.16.6 Recent Developments 230
11.16.6.1 Product Launches 230
11.16.6.2 Partnerships 231
11.16.6.3 Business Expansion and Investments 231
11.17 Siemens AG 232
11.17.1 Key Facts 232
11.17.2 Business Description 232
11.17.3 Key Product/Services Offerings 232
11.17.4 SWOT Analysis 233
11.17.5 Key Financials 234
11.17.5.1 Revenue Split 235
11.17.6 Recent Developments 235
11.17.6.1 Product Launches 235
11.17.6.2 Partnerships 237
11.17.6.3 Business Development and Investment 237
11.18 Samsung Electronics Co., Ltd. 238
11.18.1 Key Facts 238
11.18.2 Business Description 238
11.18.3 Key Product/Services Offerings 239
11.18.4 SWOT Analysis 240
11.18.5 Key Financials 241
11.18.5.1 Revenue Split 242
11.18.6 Recent Developments 242
11.18.6.1 Product Launches 242
11.18.6.2 Partnerships 244
11.19 United Technologies Corporation 245
11.19.1 Key Facts 245
11.19.2 Business Description 245
11.19.3 Key Product/Services Offerings 246
11.19.4 SWOT Analysis 247
11.19.5 Key Financials 248
11.19.5.1 Revenue Split 249
11.19.6 Recent Developments 249
11.19.6.1 Partnerships 249
11.19.6.2 Business Expansion and Investment 250
11.19.6.3 Merger and Acquisition 250
11.20 Vivint, Inc. 251
11.20.1 Key Facts 251
11.20.2 Business Description 251
11.20.3 Key Product/Services Offerings 251
11.20.4 Vivint, Inc. Growth Strategy 252
11.20.5 SWOT Analysis 252
11.20.6 Recent Developments 253
11.20.6.1 Product Launches 253
11.20.6.2 Partnerships 253
List of Figure
FIG. 1 Scope of the Global Smart Home Technology Market Study 21
FIG. 2 Research Methodology for the Global Smart Home Technology Market Study 22
FIG. 3 Global Smart Home Market Size, by Product, 2018-25 (USD Mn) 27
FIG. 4 Global Smart Home Market Overview 29
FIG. 5 Budget Breakdown for Smart Home Installation, (%) 30
FIG. 6 Familiarity Rating with Smart Home Platforms 31
FIG. 7 Global Smartphone Penetration Rate, (2017& 2022), (%) 32
FIG. 8 Asia Pacific Smartphone Penetration, By Volume (2017- 2025, (Million) 33
FIG. 9 Global & Country Wise Internet Penetration, (2017& 2022), (%) 33
FIG. 10 Asia Pacific IoT Connections, By Volume 2017- 2025, (in billions) 34
FIG. 11 Global Urbanization rate, by Region 2018 (%) 35
FIG. 12 Global Advanced Meter Infrastructure (AMI) Shipment, by Region 2016 (% Share) 36
FIG. 13 Budget Breakdown for Smart Home Device Installation, (%) 38
FIG. 14 Real GDP Growth in ASEAN, China and India, % (2018-2022 Average) 40
FIG. 15 Global Aging Population Current & Forecast to 2050, by Region (in million) 41
FIG. 16 Value of Investment in Smart Home Technology, 2012-2018 (USD million) 42
FIG. 17 Value of Investment in Smart Home Technology, by Segments 2012-2018 (USD million) 44
FIG. 18 Number of Investment in Smart Home Technology, by Segments 2012-2018 (in Units) 44
FIG. 19 Number of Start-Ups in Smart Home Technology, by Region (in Units), 2017 45
FIG. 20 Global Smart Home Market Share, by Product, 2018 & 2025 (%) 47
FIG. 21 Global Installation base of Smart Home Connected Devices, 2015-25 (in units billion) 48
FIG. 22 Global Smart Home Market Size, by Product, 2018-25 (USD Mn) 48
FIG. 23 US Smart Security and Safety Devices Market Share, by Product, 2018 & 2025 (%) 50
FIG. 24 Global Smart Home Safety and Security Systems Shipments Count, 2014-25 (Units, Mn) 51
FIG. 25 Global Smart Safety and Security Systems Market Size, by Region, 2018-25 (USD Mn) 51
FIG. 26 Global Shipment of Smart Appliances, 2017-25 (in units, Mn) 53
FIG. 27 Global Smart Appliances Market Size, by Region, 2018-25 (USD Mn) 54
FIG. 28 Global Shipment of Smart Thermostats, By Volume, 2017-25 (Units, Mn) 55
FIG. 29 Global Smart Room Air Conditioners and Sensors by Installed Base, 2017-25 (Units, Mn) 55
FIG. 30 Global Smart HVAC Market Size, By Region, 2018-25 (USD Mn) 56
FIG. 31 Global Entertainment & Media Market, by Share of Global GDP 2017-25 (%) 57
FIG. 32 Global Home Theatre Systems Household Penetration, 2017-25 (%) 58
FIG. 33 Global Smart TV and Smart Speakers Shipments, By Volume, 2017-24 (Units Mn) 58
FIG. 34 Global Home Entertainment Market Size, by Region, 2018-25 (USD Mn) 59
FIG. 35 Global Smart Lighting Systems Shipment, By Volume, 2017-25 (Units, Mn) 60
FIG. 36 Global Lighting LEDs Shipment, By Volume, 2017-2020 (Units, Mn) 61
FIG. 37 Global Smart Lighting Systems Market Size, by Region, 2018-25 (USD Mn) 62
FIG. 38 United States Smart Grid Spending, 2017-25 (USD , Bn) 63
FIG. 39 Global Smart Water Meter Installations, By Volume, 2017-25 (Units, Mn) 64
FIG. 40 Global Smart Energy Management Market Size, by Region, 2018-25 (USD Mn) 64
FIG. 41 Global Smart Home Market Share, by Technology, 2018 & 2025 (%) 65
FIG. 42 Global Smart Home Market Size, by Technology, 2018-25 (USD Mn) 65
FIG. 43 Global Wireless Smart Home Technology Market Size, by Region, 2018-25 (USD Mn) 66
FIG. 44 Global Wireless Smart Home Technology Market Share, by Technology Type, 2018 & 2024 (%) 67
FIG. 45 Global Wi-Fi Devices Shipment, by Volume, 2017-25 (Units, Bn) 67
FIG. 46 Global Wi-Fi Technology Market Size, by Region, 2018-25 (USD Mn) 68
FIG. 47 Global Bluetooth Devices and Bluetooth Low Energy Devices Shipment, by Volume, 2017-25 (Units, Bn) 70
FIG. 48 Global Smart Bluetooth Technology Market Size, by Region, 2018-25 (USD Mn) 70
FIG. 49 Global ZigBee Chipsets Shipments, by Volume, 2017-24 (Units, Bn) 71
FIG. 50 Global ZigBee Technology Market Size, by Region, 2018-25 (USD Mn) 72
FIG. 51 Global Z-Wave Technology Chipsets Shipment, by Volume, 2017-25 (USD Bn) 73
FIG. 52 Global Z-Wave Wireless Technology Market Size, by Region, 2018-25 (USD Mn) 74
FIG. 53 Global Smart Home Other Wireless Technology Market Size, by Region, 2018-25 (USD Mn) 75
FIG. 54 Global Smart Home Wired Technology Market Size, by Region, 2018-25 (USD Mn) 76
FIG. 55 Global Smart Home Wired Technology Market Share, by Technology Type, 2018 & 2025 (%) 76
FIG. 56 Global Ethernet Wired Technology Market Size, by Region, 2018-25 (USD Mn) 77
FIG. 57 Global Power Line Communication Technology Market Size, by Region, 2018-25 (USD Mn) 78
FIG. 58 Global Fibre to Home Wired Technology Market Size, by Region, 2018-25 (USD Mn) 79
FIG. 59 Global Other Wired Technology Market Size, by Region, 2018-25 (USD Mn) 80
FIG. 60 Global Smart Home Market Share, by End User, 2018 & 2025 (%) 81
FIG. 61 Global Smart Home Market Size, by End-Users, 2018-25 (USD Mn) 82
FIG. 62 Global Smart Home Residential End User Market Size, by Region, 2018-25 (USD Mn) 83
FIG. 63 Global Smart Home Residential End User Market Share, by Type of Buildings, 2018 & 2025 (%) 84
FIG. 64 Global Smart Home Residential End User Market Size, by Type of Buildings, 2018-25 (USD Mn) 84
FIG. 65 Global Smart Home Luxury Villas Market Size, by Region, 2018-25 (USD Mn) 86
FIG. 66 Global Smart Home Luxury Apartments Market Size, by Region, 2018-25 (USD Mn) 86
FIG. 67 Global Smart Mid-Range Apartments/Homes Market Size, by Region, 2018-25 (USD Mn) 87
FIG. 68 Global Smart Assisted Home Market Size, by Region, 2018-25 (USD Mn) 89
FIG. 69 Global Smart Low Energy Homes Market Size, by Region, 2018-25 (USD Mn) 90
FIG. 70 Global Potential Growth of IoT Sensor Deployment for Commercial Real Estate, 2017-25 (USD Mn) 91
FIG. 71 Global Smart Home Commercial End Users Market Size, by Region, 2018-25 (USD Mn) 92
FIG. 72 Global Smart Home Commercial End User Market Share, by Type of Buildings, 2018 & 2025 (%) 92
FIG. 73 Global Smart Home Commercial End Users Market Size, by Type of Buildings, 2018-25 (USD Mn) 93
FIG. 74 Global Smart Hotels End Users Market Size, by Region, 2018-25 (USD Mn) 94
FIG. 75 Global Smart Hospitals End Users Market Size, by Region, 2018-25 (USD Mn) 95
FIG. 76 Global Other Smart Commercial Buildings End User Market Size, by Region, 2018-25 (USD Mn) 96
FIG. 77 Global Smart Home Market Share, by Region, 2018 & 2025 (%) 97
FIG. 78 Worldwide Smart Home Count, by Country (2015 & 2020), (Units, Million) 98
FIG. 79 Global Consumer Spending on Smart Home Systems, By Region, 2017& 2022 (USD Bn) 98
FIG. 80 Global Smart Home Market Size, by Region, 2018-25 (USD Mn) 99
FIG. 81 North America Smart Home Installation and Penetration (%), By Volume, 2017-25 (Units, Mn) 100
FIG. 82 North America Smart Home Market Size, by Product, 2018-25 (USD Mn) 101
FIG. 83 North America Smart Home Market Size, by Technology Type, 2018-25 (USD Mn) 102
FIG. 84 North America Smart Home Wireless Technology Market Size, by Product Type, 2018-25 (USD Mn) 102
FIG. 85 North America Smart Home Wired Technology Market Size, by Product Type, 2018-25 (USD Mn) 103
FIG. 86 North America Smart Home Market Size, by End Users, 2018-25 (USD Mn) 104
FIG. 87 North America Residential Smart Home Market Size, by Type of Residential Buildings, 2018-25 (USD Mn) 104
FIG. 88 North America Commercial Smart Home Market Size, by Type of Commercial Buildings, 2018-25 (USD Mn) 105
FIG. 89 Europe Smart Home Installation and Household Penetration (%), By Volume, 2017-25 (Units, Mn) 106
FIG. 90 United Kingdom Smart Home Household Penetration, 2017-25 (%) 107
FIG. 91 Europe Smart Home Market Size, by Product, 2018-25 (USD Mn) 107
FIG. 92 Europe Smart Home Market Size, by Technology Type, 2018-25 (USD Mn) 108
FIG. 93 Europe Smart Home Wireless Technology Market Size, by Product Type, 2018-25 (USD Mn) 108
FIG. 94 Europe Smart Home Wired Technology Market Size, by Product Type, 2018-25 (USD Mn) 109
FIG. 95 Europe Smart Home Market Size, by End Users, 2018-25 (USD Mn) 110
FIG. 96 Europe Residential Smart Home Market Size, by Type of Residential Buildings, 2018-25 (USD Mn) 110
FIG. 97 Europe Commercial Smart Home Market Size, by Type of Commercial Buildings, 2018-25 (USD Mn) 111
FIG. 98 Asia Pacific Smart Phone Adoption, Subscriber Penetration & Mobile Internet Penetration, 2017 & 2025 (%) 112
FIG. 99 Asia Pacific Smart Home Market Size, by Application, 2018-25 (USD Mn) 113
FIG. 100 Asia Pacific Smart Home Wireless Technology Market Size, by Product Type, 2018-25 (USD Mn) 113
FIG. 101 Asia Pacific Smart Home Wireless Technology Market Size, by Product Type, 2018-25 (USD Mn) 114
FIG. 102 Asia Pacific Smart Home Wired Technology Market Size, by Product Type, 2018-25 (USD Mn) 115
FIG. 103 Asia Pacific Smart Home Market Size, by End Users, 2018-25 (USD Mn) 115
FIG. 104 Asia Pacific Residential Smart Home Market Size, by Type of Residential Buildings, 2018-25 (USD Mn) 116
FIG. 105 Asia Pacific Commercial Smart Home Market Size, by Type of Commercial Buildings, 2018-25 (USD Mn) 117
FIG. 106 MENA Smart Phone Adoption, Subscriber Penetration & Mobile Internet Penetration, 2017 & 2025 (%) 118
FIG. 107 MENA Smart Home Market Size, by Product, 2018-25 (USD Mn) 119
FIG. 108 MENA Smart Home Wireless Technology Market Size, by Product Type, 2018-25 (USD Mn) 119
FIG. 109 MENA Smart Home Wireless Technology Market Size, by Product Type, 2018-25 (USD Mn) 120
FIG. 110 MENA Smart Home Wired Technology Market Size, by Product Type, 2018-25 (USD Mn) 121
FIG. 111 MENA Smart Home Market Size, by End Users, 2018-25 (USD Mn) 121
FIG. 112 MENA Residential Smart Home Market Size, by Type of Residential Buildings, 2018-25 (USD Mn) 122
FIG. 113 MENA Commercial Smart Home Market Size, by Type of Commercial Buildings, 2018-25 (USD Mn) 123
FIG. 114 Latin America IoT Market Growth Forecast, (2020) 124
FIG. 115 Latin America Smart Phone Adoption, Subscriber Penetration & Mobile Internet Penetration, 2017 & 2025 (%) 124
FIG. 116 Latin America Smart Home Market Size, by Product, 2018-25 (USD Mn) 125
FIG. 117 Latin America Smart Home Wireless Technology Market Size, by Product Type, 2018-25 (USD Mn) 125
FIG. 118 Latin America Smart Home Wireless Technology Market Size, by Product Type, 2018-25 (USD Mn) 126
FIG. 119 Latin America Smart Home Wired Technology Market Size, by Product Type, 2018-25 (USD Mn) 127
FIG. 120 Latin America Smart Home Market Size, by End Users, 2018-25 (USD Mn) 127
FIG. 121 Latin America Residential Smart Home Market Size, by Type of Residential Buildings, 2018-25 (USD Mn) 128
FIG. 122 Latin America Commercial Smart Home Market Size, by Type of Commercial Buildings, 2018-25 (USD Mn) 129
FIG. 123 Smart Home Market: Porter s Five Forces Analysis 130
FIG. 124 Smart Security System & Appliances Market Share, by Company 2018 134
FIG. 125 Smart Home Entertainment Appliances Market Share, by Company 2018 135
FIG. 126 Lighting & Control System Market Share, by Company 2018 136
FIG. 127 Smart Thermostats & Home Appliances Market Share, by Company 2018 137
FIG. 128 Haier Electronics, SWOT Analysis 139
FIG. 129 Key Financials of Haier Electronics 140
FIG. 130 Haier Electronics, Revenue Split, 2018 141
FIG. 131 ABB Limited, SWOT Analysis 147
FIG. 132 Key Financials of ABB Ltd 148
FIG. 133 ABB Limited, Revenue Split, 2018 149
FIG. 134 Acuity Brands Inc., SWOT Analysis 152
FIG. 135 Key Financials of Acuity Brands 153
FIG. 136 Acuity Brands Inc., Revenue Split, 2018 154
FIG. 137 AMX, LLC, SWOT Analysis 158
FIG. 138 ASSA ABLOY, SWOT Analysis 162
FIG. 139 Key Financials of Assa Abloy 163
FIG. 140 ASSA ABLOY, Revenue Split, 2018 164
FIG. 141 Cisco Systems, SWOT Analysis 168
FIG. 142 Key Financials of Cisco Systems Inc 169
FIG. 143 Cisco, Revenue Split, 2018 170
FIG. 144 Control4 Corporation, SWOT Analysis 175
FIG. 145 Key Financials of Control 4 Corporation 176
FIG. 146 Control4 Corporation, Revenue Split, 2018 177
FIG. 147 Crestron Electronics, Inc. SWOT Analysis 181
FIG. 148 Deutsche Telekom, SWOT Analysis 187
FIG. 149 Key Financials of Deutsche Telekom AG 188
FIG. 150 Deutsche Telekom AG, Revenue Split, 2018 189
FIG. 151 Emerson Electric Co., SWOT Analysis 195
FIG. 152 Key Financials of Emerson Electric Co 196
FIG. 153 Emerson Electric Co, Revenue Split, 2018 197
FIG. 154 General Electric, SWOT Analysis 201
FIG. 155 Key Financials of General Electric 202
FIG. 156 General Electric, Revenue Split, 2018 203
FIG. 157 Honeywell International, SWOT Analysis 207
FIG. 158 Key Financials of Honeywell International 208
FIG. 159 Honeywell International, Revenue Split, 2018 209
FIG. 160 IBM Corporation, SWOT Analysis 213
FIG. 161 Key Financials of IBM Corporation 214
FIG. 162 IBM Corporation Revenue Split, 2018 215
FIG. 163 LG Electronics Inc., SWOT Analysis 218
FIG. 164 Key Financials of LG Electronics 219
FIG. 165 LG Electronics, Revenue Split, 2018 220
FIG. 166 Monitronics International, SWOT Analysis 223
FIG. 167 Key Financials of Monitronics International 224
FIG. 168 Schneider Electric S.E., SWOT Analysis 228
FIG. 169 Key Financials of Schneider Electric 229
FIG. 170 Schneider Electric S.E., Revenue Split, 2018 230
FIG. 171 Siemens AG, SWOT Analysis 233
FIG. 172 Key Financials of Siemens AG 234
FIG. 173 Siemens AG, Revenue Split, 2018 235
FIG. 174 Samsung Electronics, SWOT Analysis 240
FIG. 175 Samsung Electronics Revenue Split, 2018 242
FIG. 176 United Technologies, SWOT Analysis 247
FIG. 177 Key Financials of United Technologies 248
FIG. 178 United Technologies, Revenue Split, 2018 249
FIG. 179 Vivint, SWOT Analysis 252
List of Table
TABLE 1 Comparison between ZigBee & Z-Wave Features
TABLE 2 Comparative Analysis on Wireless Technology, Z-Wave, ZigBee and Bluetooth Mesh 74
TABLE 3 Haier Electronics Key Facts 138
TABLE 4 Product segmentation of Haier Electronics 139
TABLE 5 Haier Electronics Growth Strategy 139
TABLE 6 Haier Technologies Product Launch 141
TABLE 7 Haier Partnership 143
TABLE 8 Haier Business Expansion and Investments 143
TABLE 9 ABB Limited Key Facts 145
TABLE 10 Product Segmentation of ABB Limited 146
TABLE 11 ABB Limited Growth Strategy 146
TABLE 12 ABB Limited Product Launch 149
TABLE 13 ABB Limited Partnership 150
TABLE 14 ABB Limited Business expansion and Investment 150
TABLE 15 Acuity Brands SE Key Facts 151
TABLE 16 Product segmentation of Acuity Brands, Inc. 152
TABLE 17 Acuity Brands, Inc. Growth Strategy 152
TABLE 18 Acuity Brands Product launches 154
TABLE 19 Acuity Brands Business Expansions and Investments 155
TABLE 20 Acuity Brands Mergers and Acquisitions 155
TABLE 21 AMX, LLC Key Facts 157
TABLE 22 Product Segmentation of AMX, LLC 158
TABLE 23 AMX, LLC Growth Strategy 158
TABLE 24 AMX Business product Launches 159
TABLE 25 AMX Partnerships 159
TABLE 26 AMX Business Expansions and Investments 160
TABLE 27 ASSA ABLOY Key Facts 161
TABLE 28 Product Segmentation of ASSA ABLOY 162
TABLE 29 ASSA ABLOY Growth Strategy 162
TABLE 30 Revenue Split 164
TABLE 31 ASSA ABLOY Mergers and Acquisitions 164
TABLE 32 Cisco Systems, Inc. Key Facts 166
TABLE 33 Product Segmentation of Cisco Systems 167
TABLE 34 Cisco Systems Growth Strategy 167
TABLE 35 Cisco Product Launches 170
TABLE 36 Cisco Partnerships 171
TABLE 37 Cisco Mergers and Acquisition 172
TABLE 38 Control4 Corporation Key Facts 173
TABLE 39 Product Segmentation of Control4 Corporation 174
TABLE 40 Control4 Corporation Growth Strategy 174
TABLE 41 Control4 Corporation Product Launch 177
TABLE 42 Control4 Corporation Business Expansion and Investment 178
TABLE 43 Control4 Corporation Mergers and Acquisition 179
TABLE 44 Crestron Electronics, Inc. Key Facts 180
TABLE 45 Product Segmentation of Crestron Electronics, Inc. 181
TABLE 46 Crestron Electronics, Inc. Growth Strategy 181
TABLE 47 Crestron Electronics Product Launch 182
TABLE 48 Crestron Electronics Partnership 185
TABLE 49 Deutsche Telekom AG Key Facts 186
TABLE 50 Product Segmentation of Deutsche Telekom AG 187
TABLE 51 Deutsche Telekom AG Growth Strategy 187
TABLE 52 Deutsche Telekom AG Product Launch 189
TABLE 53 Deutsche Telekom AG Partnership 191
TABLE 54 Deutsche Telekom AG Business Expansion and Investment 191
TABLE 55 TABLE 1 Emerson Electric Co. Key Facts 193
TABLE 56 Product Segmentation of Emerson Electric Co. 194
TABLE 57 Emerson Electric Co. Growth Strategy 194
TABLE 58 Emerson Electric Co. Partnerships 197
TABLE 59 Emerson Electric Co. Business Expansion and Investment 198
TABLE 60 Emerson Electric Co. Merger and Acquisition 198
TABLE 61 General Electric Company Key Facts 199
TABLE 62 Product Segmentation of General Electric 200
TABLE 63 General Electric Growth Strategy 200
TABLE 64 General Electric Product Launch 203
TABLE 65 Honeywell International Key Facts 205
TABLE 66 Product Segmentation of Honeywell International 206
TABLE 67 Honeywell International, Growth Strategy 206
TABLE 68 Honeywell Product Launch 209
TABLE 69 Honeywell Partnership 210
TABLE 70 Honeywell Business Expansion and Investment 211
TABLE 71 IBM Corporation Key Facts 212
TABLE 72 Product Segmentation of IBM Corporation 212
TABLE 73 IBM Corporation Growth Strategy 213
TABLE 74 IBM Product Launch 215
TABLE 75 IBM Partnership 216
TABLE 76 IBM Business Expansion and Investment 216
TABLE 77 LG Electronics Inc. Key Facts 217
TABLE 78 Product Segmentation of LG Electronics Inc. 217
TABLE 79 LG Electronics Inc. Growth Strategy 218
TABLE 80 LG Electronics Product Launch 220
TABLE 81 Monitronics International Inc. Key Facts 222
TABLE 82 Product Segmentation of Monitronics International 223
TABLE 83 Monitronics International Growth Strategy 223
TABLE 84 Monitronics International product Launch 224
TABLE 85 Monitronics International Business Expansion and Investments 225
TABLE 86 Schneider Electric S.E. Key Facts 226
TABLE 87 Product Segmentation of Schneider Electric S.E. 227
TABLE 88 Schneider Electric S.E. Growth Strategy 227
TABLE 89 Schneider Electric Product Launches 230
TABLE 90 Schneider Electric Partnerships 231
TABLE 91 Schneider Electric Business Expansion and Investments 231
TABLE 92 Siemens AG Key Facts 232
TABLE 93 Product Segmentation of Siemens AG 232
TABLE 94 Siemens AG Growth Strategy 233
TABLE 95 Siemens AG Product Launches 235
TABLE 96 Siemens AG Partnerships 237
TABLE 97 Siemens AG Business Development and Investment 237
TABLE 98 Samsung Electronics Key Facts 238
TABLE 99 Product Segmentation of Samsung Electronics 239
TABLE 100 Samsung Electronics Growth Strategy 239
TABLE 101 Samsung Electronics Product launches 242
TABLE 102 Samsung Electronics Partnerships 244
TABLE 103 United Technologies Key Facts 245
TABLE 104 Product Segmentation of United Technologies 246
TABLE 105 United Technologies Growth Strategy 246
TABLE 106 United Technologies Partnerships 249
TABLE 107 United Technologies Business Expansion and Investment 250
TABLE 108 United Technologies Merger and Acquisition 250
TABLE 109 Vivint, Inc. Key Facts 251
TABLE 110 Product Segmentation of Vivint, Inc. 251
TABLE 111 Vivint, Inc. Product Launches 253
TABLE 112 Vivint, Inc. Partnerships 253
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